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The fundamental reason is that the wealthiest colleges and universities compete intensely to increase their revenue, wealth and spending, while the earnings growth of most Americans has lagged behind the cost of living, as we explain in our new book. How, then, can that rivalry be curtailed in order to restore public esteem?
William Craft — Concordia College Walking out of academia hand in hand with his wife, William “Bill” Craft will be leaving behind a nearly pitch-perfect presidency during which he led the Minnesota school’s largest fundraising effort, garnering more than $157 million—exceeding the target by $7 million eight months early.
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